Facebooks Blockchain Initiative

Facebook lets top managers check the use of the blockchain

The previous Facebook Messenger boss David Marcus should consider what Facebook can do with the Blockchain.

Expert for cryptocurrencies

David Marcus, previously responsible for the Facebook Messenger, former president of PayPal, brings payments expertise. He will investigate how the Blockchain can be optimally used on Facebook. Marcus’ choice is no coincidence: he is active in the cryptocurrency exchange Coinbase and is considered a big fan of Blockchain.

On his Facebook page, he announced, with a small team to develop application areas of Blockchain.I’m setting up a small group to explore how to best leverage Blockchain across Facebook, starting from scratch.

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. The information does not constitute investment advice or an offer to invest.

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